Ginestro Suzanne Saltzman 4
Research Summary
AI-generated summary
Zevia (ZVIA) Director Suzanne Saltzman Receives RSU Award
What Happened
Suzanne Ginestro Saltzman, a director of Zevia PBC (ZVIA), received a grant of 72,464 restricted stock units (RSUs) on 2026-06-10. The RSUs were reported at $0.00 per unit on the Form 4 (no cash changed hands at issuance). Each RSU represents the right to one share of Class A common stock and will be settled in shares within 30 days after vesting.
Key Details
- Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely).
- Award: 72,464 RSUs; reported price: $0.00 per RSU.
- Vesting: RSUs vest on the earlier of (i) June 10, 2027 or (ii) the issuer's 2027 annual meeting of stockholders; settled in shares within 30 days after vesting (per footnotes).
- Shares owned after transaction: Not specified in the Form 4.
- Footnotes: Confirms RSUs granted under the Zevia PBC 2021 Equity Incentive Plan; each RSU = one share and 72,464 RSUs subject to the described vesting/settlement terms.
Context
RSU grants are a form of equity compensation, not an open‑market purchase or sale. They do not represent immediate stock purchases or sales and only convert to shares (and potential market exposure) upon vesting and settlement. This filing documents a grant/award rather than an insider buying or selling stock.